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The following data refer to Mister Munchie, Inc. for the year 20x4. Work-in-process inventory, 12/31/x3 $ 8,000 Selling and administrative salaries 13,800 Insurance on factory

The following data refer to Mister Munchie, Inc. for the year 20x4.
Work-in-process inventory, 12/31/x3 $ 8,000
Selling and administrative salaries 13,800
Insurance on factory and equipment 3,600
Work-in-process inventory, 12/31/x4 8,200
Finished-goods inventory, 12/31/x3 14,000
Indirect material used 4,300
Depreciation on factory equipment 2,100
Raw-material inventory, 12/31/x3 10,100
Property taxes on factory 2,400
Finished-goods inventory, 12/31/x4 15,200
Purchases of raw material in 20x4 38,800
Utilities for factory 6,000
Cash, 12/31/x4 7,000
Utilities for sales and administrative offices 2,500
Other selling and administrative expenses 3,600
Indirect-labor cost incurred 29,000
Depreciation on factory building 3,600
Depreciation on cars used by sales personnel 1,200
Direct-labor cost incurred 79,000
Raw-material inventory, 12/31/x4 11,000
Rental for warehouse space to store raw material 3,000
Rental of space for company presidents office 1,700
Applied manufacturing overhead 58,000
Sales revenue 205,800
Income tax expense 5,100
Accounts receivable, 12/31/x4 4,100
1.

Prepare Mister Munchies schedule of cost of goods manufactured for 20x4.

Prepare the companys schedule of cost of goods sold for 20x4. The company closes overapplied or underapplied overhead into Cost of Goods Sold.

Prepare the companys income statement for 20x4.

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